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TGV Injects $2m into Printler for Global Expansion
True Global Ventures (TGV) 4 Plus Fund has announced a $2 million investment in Printler, a platform revolutionizing the connection between independent artists and global audiences. This financial move includes a combination of secondaries and a convertible note.
Printler has demonstrated a remarkable growth rate of 73% in 2024, compared to the European e-commerce market's growth of less than 10%. Despite this progress, opportunities remain robust, as the company prepares to enter non-European markets. The anticipated turnover is $7 million for 2024, with expectations to exceed $10 million in 2025.
The integration of AI technology allows Printler to match customers with artworks that align with their preferences, enhancing user experience. Printler’s CEO, Andreas Holmgren, and TGV's Fredrik Adolfsson highlighted their commitment to leveraging this investment for further expansion and technological refinement.
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